CBRE announced that Ellen Rudin will be assuming the new position of Senior Managing Director of Retail for the Northeast Division of CBRE. She will be responsible for the strategic direction and performance of the region’s retail business. Rudin has served as Managing Director of CBRE’s Long Island and New...
Thor Equities has sold the famous Burlington Arcade shopping center in London for just north of $400 million. Joseph Sittʼs company paid $140 million for the luxury retail property in 2010 in a joint venture with investment managers Meyer Bergman. According to the Times of London, the 37,000 s/f arcade was bought buy billionaire racetrack …
The Borough of Manhattan Community College (BMCC) is expanding its presence at Jack Resnick & Sons’ 255 Greenwich Street in Lower Manhattan. One of seven two-year colleges in the City University of New York (CUNY) system, BMCC is home to more than 27,000 students enrolled in 45 associate degree programs. The school has finalized a …
Eastern Consolidated’s Capital Advisory Division has secured a $350 million construction loan for a 66-story luxury condominium project being developed by JD Carlisle Development Group and Fosun International at 126 Madison Avenue aka 15 East 30th Street in NoMad. The Eastern Consolidated team of Adam Hakim, Managing Director and Principal, James Murad, Director, and Andrew …
● CUSHMAN & WAKEFIELD Simone scoops up biggest warehouse in Stamford Simone Development Companies has acquired the largest block of contiguous warehouse space available in Stamford for $13.3 million. 316 Courtland Avenue is a 118,500 s/f property with warehouse, R&D and office space. “This acquisition continues the expansion of Simone Development’s tri-state industrial portfolio. Over …